TRY IT! 16-2 Red Stripe Company processes tomatoes into ketchup, tomato juice, and canned tomatoes. During the summer of 2017, the joint costs of processing the tomatoes were $2,086,000. The company maintains no inventories. Production and sales information for the summer is as follows: Product Cases Sales Value at Splitoff Point Separable Costs Selling Price Ketchup 100,000 $6 per case $3 per case $24 per case Juice 175,000 8 per case 5 per case 25 per case Canned 200,000 5 per case 3 per case 10 per case Determine the amount of joint cost allocated to each product if Red Stripe uses the esti- mated net realizable value method. What is the cost per case for each product